Dilly DivergencesThis script calculates the time series of 5 indicators (Stochastic-RSI, RSI, MACD, CVD, and OBV) searches for divergences, and plots all divergences on the main price chart. Regular divergences = D; Hidden divergences = H
Cari dalam skrip untuk "RSI MACD"
RainDrop PanelHi everyone,
This script shows the Dashboard in a Table. Table.new() is a new feature and released today! Big thanks to Pine Team for adding this great new feature!
This new feature changes the rules of the game! The script shows 3 different time period indicator values for the icon and changes the background color of each cell using the current and last values of the indicators for the icon. The background color is green if the current value is greater than the last value, red if it is less than the last value, and gray if it is equal. You can select the time periods and Indicators to be displayed. You can also change the position, font sizes, title and text colors of the relevant panel on the graphic. The number of columns in the table is dynamic and changes according to the number of indicators. You can choose 1 Symbol, 3 different timeframes, 6 Indicators and 4 Simple or Exponential Moving Averages, specify the type and length of moving averages. You can also set the lengths for each Indicator. Indicators: - RSI – MACD - DMI (+DI and -DI + and ADX) - CCI - MFI - Push - EMA Length 20 (length adjustable) - EMA Length 50 (length adjustable) EMA Length 100 (length adjustable) - EMA Length 200 (length adjustable)
INDIGO - SwingTraderThis is a script that uses a couple of other indicators to find good swing trade entry's and exit's. You can choose which signals the script uses to calculate the position of the signals.
It uses the following:
- Stoch RSI
- MACD
- POC
- INDIGO Cloud
Also added are volume candles, acceleration of momentum indicators (triangle) and MACD candles. This way you can see more info to decide if the entry is valid.
I have used a couple of public scripts and tried to give credit to the original creators. If there is any script that hasn't been credited, please contact me.
Feedback is very much appreciated, positive and negative. Also If you have any question, feel free to ask me. I'll try to answer asap.
Enjoy the script :)
Divergence for Many Indicators v4Hello Traders,
Here is my new year gift for the community, Digergence for Many Indicators v4 . I tried to make it modular and readable as much as I can. Thanks to Pine Team for improving Pine Platform all the time!
How it works?
- On each candle it checks divergences between current and any of last 16 Pivot Points for the indicators.
- it search divergence on choisen indicators => RSI , MACD , MACD Histogram, Stochastic , CCI , Momentum, OBV, VWMACD, CMF and any External Indicator !
- it checks following divergences for 16 pivot points that is in last 100 bars for each Indicator.
--> Regular Positive Digergences
--> Regular Negative Digergences
--> Hidden Positive Digergences
--> Hidden Negative Digergences
- for positive divergences first it checks if closing price is higher than last closing price and indicator value is higher than perious value, then start searching divergence
- for negative divergences first it checks if closing price is lower than last closing price and indicator value is lower than perious value, then start searching divergence
Some Options:
Pivot Period: you set Pivot Period as you wish. you can see Pivot Points using "Show Pivot Points" option
Source for Pivot Points: you can use Close or High/Low as source
Divergence Type: you can choose Divergence type to be shown => "Regular", "Hidden", "Regular/Hidden"
Show Indicator Names: you have different options to show indicator names => "Full", "First Letter", "Don't Show"
Show Divergence Number: option to see number of indicators which has Divergence
Show Only Last Divergence : if you enable this option then it shows only last Positive and Negative Divergences
you can include any External Indicator to see if there is divergence
- enable "Check External Indicator"
- and then choose External indicator name in the list, "External Indicator"
- External indicator name is shown as Extrn
- related external indicator must be added before enabling this option
Coloring, line width and line style options for different type of divergences.
Following Alerts added:
- Positive Regular Divergence Detected
- Negative Regular Divergence Detected
- Positive Hidden Divergence Detected
- Negative Hidden Divergence Detected
Now lets see some examples:
Hidden Divergences:
Regular and Hidden Divergences together:
Showing first letters of indicators:
You can see only the number of indicators which has divergence:
You can see only divergence lines without indicators names and numbers:
option to used different label/line/text colors:
You have option to see only last divergences:
You can change Pivot Period, in following example Pivot Period = 15:
You can use Close or High/Low as Source for Divergence
You can include external indicators and get divergences on it:
Wish you all a happy new year!
Enjoy!
RogTrader HFT AlgoThis is a simple algorithm to generate Buy, Sell, Short, and Cover Signals. It uses the following:
RSI , MACD , Stochastic , Bollinger Bands , Ketler Channels, ATR Trailing Stop, Trend, and Volume .
Usage is simple: Green Background is Long and Red Background is Short positions.
LE = Long Entry
LX = Long Exit
SE = Short Entry
SX = Short Exit
This is not a trade recommendation, rather informative signals, and please do your due diligence. Thanks!
Confluence of Indicators and Signals v1 skvWhy this script
This script will display the buy or sell signals received from indicators, super trend, adx, rsi, macd, sma, and floor pivots along with some tweaked calculations and fixed numbers. This is useful for beginners who want to study the signals and timing to practice. This script is created for educational purpose and can be used for intraday scalping with 5 minutes time frame only after the signals are understood clearly.
How to use
Strong Buy - when series of buy/long signals generated by indicators, bright green up arrow indicates momentum/strength
Strong Sell - when series of sell/short signals generated by indicators, bright orange down arrow indicates momentum/strength
Exits - use the pivot lines, or the RSI-LX, SX exit signals. Also combine with Bollinger Bands to understand the exit points.
Look for reversals at pivot resistance and support.
Disclaimer
1. Only for educational purpose
2. Intraday scalping strategies only and on 5 min timeframe
3. Do paper trade before using any information for actual trading
4. Not swing or positional trade
bayusp V2Using multi source like RSI , MACD , Stochastic , SMA , EMA and Huge Noural Network to Predicted Open Position.
Divergence Histogram for Many IndicatorHello Traders,
This script analyses divergences for 11 predefined indicators and then draws column on the graph. Red columns for negatif divergence (means prices may go down or trend reversal), Lime columns for positive divergences (means prices may go up or trend reversal)
The script uses Pivot Points and on each bar it checks divergence between last Pivot Point and current High/Low and if it finds any divergence then immediately draws column. There is no Latency/Lag.
There are predefined 11 indicators in the script, which are RSI , MACD , MACD Histogram, Stochastic , CCI , Momentum, OBV, Diosc, VWMACD, CMF and MFI.
Smaller Pivot Point Period check smaller areas and if you use smaller numbers it would be more sensitive and may give alerts very often. So you should set it accordingly.
There is "Check Cut-Through in indicators" option, I recomment you to enable it. it checks that there is cut-through in indicators or not, if no cut-through then it's shown as valid divergence.
You should see following one as well if you haven't yet:
Enjoy!
Divergence for many indicator v3Hello Everyone. Almost one year later, with Pine version 4, I developed new version of the Divergence for many Indicator.
It analyses divergences for 10 predefined indicators and then draws line on the graph. Red for negatif divergence (means prices may go down or trend reversal), Lime for positive divergences (means prices may go up or trend reversal)
Divergences version 2 has latency because it waits higher time frame completion. in this new version the script uses Pivot Points and on every bar it checks divergence between last Pivot point and current bar and if it finds any then immediately draws line and removes old one. so there is no latency with this version.
There are predefined 10 indicators in the script, you have option to choose which indicators the script would analyse for divergence. (RSI , MACD , MACD Histogram, Stochastic , CCI , Momentum, OBV, Diosc, VWMACD and CMF)
In replay mode you can see how the script puts new divergence line and removes old one. you better see it for yourself by using replay mode.
Hope you Enjoy!
CryptoEngineering 🔥Isn’t It Time You Made Your Crypto Portfolio Great Again? 🔥
The falling knives, the heartbreaking crashes, the devastating feeling of watching a missed trade soar all the way to the moon.
The markets aren’t fair, which means you need a tool that gives you an edge. So,It is time to try EngineeringRobo.
The Engineeringrobo is a great ally in a crypto market - when the price moves the algorithm will automatically show Buy and Sell orders when there is a best opportunity to make a profit. It is a just SMART trading system script on TradingView that brings the easiest approach to trading with a high profitability rate.
I created EngineeringRobo to help you on your traders as a robo advisor , It will "not " trade on behalf of you on exchanges via API. It is not an AI robot,It is am ALGO Trading robot. You can use it on any trading markets (BIST, S&P 500,Commodities ,Forex, Crypto ) with any time frame!
My unique algorithm find profitable altcoins based on their Ichimoku, McGinley, MA, RSI, MACD, Stochastic, Volumes and Price Changes gives you BUY and SELL signals. The EngineeringRobo indicator displays two different signals for entry and exit on a coin to maximize its profitability on the chart. The signals can appear at any time during an open candle, but once closed the signal is final and wont change in the future.
One of the biggest advantages of algo trading is removing human emotion from the crypto markets,humans trading are susceptible to emotions that lead to irrational decisions.Robo doesn't have to think or feel good to make a trade. If conditions are met, it enters.When the trade goes the wrong way or hits a profit target, It exits. It doesn't get angry at the market or feel invincible after making a few good trades. The two emotions that lead to poor decisions that algo traders aren't susceptible to are fear,and greed.
That's why It makes money but most of you not!
What Are the Advantages of using it as a ROBO Advisor?
🔴Reduce your required screen-time
🔴Reduce anxiety over missing setups when you are busy
🔴Turn existing indicators into alerts (eg. Whenever RSI goes overbought)
🔴Find comfort in knowing that you have me on your side
To get the maximized results from @EngineeringRobo
Open tradingview
Decide the coin/BTC
Pick 1M
Draw the Support & Resistance lines
Change the 1W
Draw the lines - Support & Resistance
Find out Chart Patterns
Change to 3D/1D / 3H
Check Robo' signals
Set your orders
Enjoy your profits💰
***Even the best automated day trading software can trigger false trends.
In August 2012 by Knight Capital group;who lost over $440 million in just half an hour when their trading software went rogue in response to market conditions. That's why it is a Robo advisor not trading bot! Engineeringrobo is not a get-rich-quick scheme as well!
Disclaimer
Information on EngineeringRobo should not be seen as a recommendation to trade BIST, S&P 500,Commodities ,Forex, Crypto.
EngineeringRobo is not licensed nor authorized to provide advice on investing and related matters.
Information on the page is not, nor should it be seen as investment advice.Any trading decisions that you make are solely your responsibility. Clients without sufficient knowledge should seek individual advice from an authorized source.
Crypto and Forex trading entails significant risks and there is a chance that clients lose all of their invested money. Past performance is not a guarantee of future returns. Before trading with any of the Algos, clients should make sure they understand the risks.
EngineeringRobo nor its agents or partners are not registered and do not provide any services on the US territory.
***I have been trading since 2016 . Got my first bitcoin in 2013
ANN MACD BTC v2.0 This script is the 2nd version of the BTC Deep Learning (ANN) system.
Created with the following indicators and tools:
RSI
MACD
MOM
Bollinger Bands
Guppy Exponential Moving Averages:
(3,5,8,10,12,15,30,35,40,45,50,60)
Note: I was inspired by the CM Guppy Ema script.
Thank you very much to dear wroclai for his great help.
He has been a big help in the deep learning series.
That's why the licenses in this series are for both of us.
I'm sharing these series and thats the first. Stay tuned and regards!
Note : Alerts added.
Divergence Ribbon (10 indicators)One of the most important signals for trend reversal is divergence.
This script finds divergences for 10 indicators and draws ribbon. So you can see which indicator has divergence. Red columns are negatif and lime columns are positive divergences. Divergences are searched from MinLength to MaxLength back, and you can change them as you wish.
Currently script checks divergence for RSI , MACD , MACD Histogram, Stochastic , CCI , Momentum, OBV, Diosc, VWMACD and CMF indicators.
If you find this script useful, please consider a donation
BTC: 16XRqyS3Vgh1knAU1tCcruqhUrVm4QWWmR
Divergences for many indicators v2.0A gift from me to all.
This script is developed to find Divergences for many indicators. it analyses divergences and then draws line on the graph. red for negatif, lime for positive divergences.
Currently script checks divergence for RSI, MACD, MACD Histogram, Stochastic, CCI, Momentum, OBV, Diosc, VWMACD and CMF indicators. You can use some or all of these indicators to check divergences as you wish by choosing them on the menu. Also you can add/remove many other indicators to the script to check if there is divergence.
The script first calculates tops/bottoms by using higher time frame zig zag and then finds divergences.
Higher Time Frames are
if currend period 1 min => HTF = 5 mins
if currend period 3 mins => HTF = 15 mins
if currend period 5 mins => HTF = 15 mins
if currend period 15 mins => HTF = 1 hour
if currend period 30 mins => HTF = 1 hour
if currend period 45 mins => HTF = 1 hour
if currend period 1 hour => HTF = 4 hours
if currend period 2 hours => HTF = 4 hours
if currend period 3 hours => HTF = 4 hours
if currend period 4 hours => HTF = 1 day
if currend period 1 day => HTF = 1 week
if currend period 1 week => HTF = 1 week
future plan : script finds regular divergences, soon I will add hidden divergences and also I plan to add alert ;)
Divergence/Convergence v1.0 [LonesomeTheBlue]The script is developed to find Divergence/Convergence for various indicators
it counts number of Divergence/Convergence and draws arrow
Arrow length changes according to number of Divergence/Convergence
that means if there is Divergence/Convergence on one indicator then arrow length = 1
if there is Divergence/Convergence on two indicator then arrow length = 2 etc.
Currently script checks Divergence/Convergence for RSI, MACD, MACD Histogram, Momentum, CMF indicators
You can add/remove many other indicators to check if there is Divergence/Convergence
profit_trailer_basktesting_v3I rewrite the code of v2.
There are some differences between v2:
1. PT 2.0 support multi-strategy up to 5. => the script have A...E buy inputs.
Not support new strategies now, I'm not sure how they work in PT 2.0, I will add them if the wiki complete.
you may find the options in setting, but they are placeholders.
I will not add the indicators for RSI, MACD, and STOCH RSI, please use the built-in indicator in Tradingview. There is no way to change overlay state of a script in pine script as I know or you can pm me if you know about it.
2. Trailing is disabled now.
I have no idea how it works in multi-strategy, I will enable it if the PT 2.0 release.
3. Now you can set indicator period in the setting, the unit of it is minute different from PT itself.
the entry price of orders still depending on your chart resolution, so I recommend you set the chart resolution same as the main strategy you want.
Like SOM trigger in V2, there is data range limit depend on the resolution you choose.
4. DCA is rewriting now.
And I will release an Anderson only version if I have time to complete it.
5. Add rebuy timer and stop loss timer. the value of it is candles. it will look back N candles on the chart.
Feel free to donate if you think my scripts are useful.
BTC:17eguEeVVnLmYK9iDKQNxBQmKWNENH4bGj
ETH:0xb172BBc4CDAB7F334243A312A46FB8492674A914
BCH:qpy0zulq9s4pcqu3hd2m8h8h7tfm83jz7qle0690c4
Price Divergence Detector V3 revised by JustUncleLThis is a revised version of the original "Price Divergence Detector by RicardoSantos".
Description:
Price Divergence detection for various methods : RSI, MACD, STOCH, VOLUME, ACC-DIST, FISHER, CCI, BB %B and Ehlers IdealRSI. Both Hidden and Regular Divergences are detected.
Mofidifications:
Revision 3.0 by JustUncleL
Added option to disable/enable Hidden and Regular Divergence
Added new divergence method BB %B (close only)
Added new divergence mothos Ehlers IdealRSI (close only)
Revision 2.0 - by RicardoSantos
References:
Information on Divergence Trading:
www.babypips.com
www.incrediblecharts.com (BB %B)
Insync Index [LazyBear]BB Support + Histo mode
-------------------------------
Code: pastebin.com
Show enclosing BB
Show Insync as Histo:
v02 - Configurable levels
---------------------------------
Small update to allow configuring the 95/75/25/5 levels.
Latest source code: pastebin.com
v01 - orginal description
---------------------------------
Insync Index, by Norm North, is a consensus indicator. It uses RSI, MACD, MFI, DPO, ROC, Stoch, CCI and %B to calculate a composite signal. Basically, this index shows that when a majority of underlying indicators is in sync, a turning point is near.
There are couple of ways to use this indicator.
- Buy when crossing up 5, sell when crossing down 95.
- Market is typically bullish when index is above 50, bearish when below 50. This can be a great confirmation signal for price action + trend lines.
Also, since this is typical oscillator, look for divergences between price and index.
Levels 75/25 are early warning levels. Note that, index > 75 (and less than 95) should be considered very bullish and index below 25 (but above 5) as very bearish. Levels 95/5 are equivalent to traditional OB/OS levels.
The various values of the underlying components can be tuned via options page. I have also provided an option to color bars based on the index value.
More info: The Insync Index by Norm North, TASC Jan 1995
drive.google.com
List of my free indicators: bit.ly
List of my app-store indicators: blog.tradingview.com
(Support doc: bit.ly)
Ultimate Bot v5 (Full Visual + Reversal + Sustained Signals)Ultimate Bot v5 is a powerful, all-in-one Pine Script strategy designed for traders who want both clarity and precision in their charts. It combines classic momentum indicators, volatility filters, and reversal logic to highlight high-probability trade opportunities.
🔹 Key Features
Full Visual Mode – Clean and easy-to-read buy/sell markers with large arrows and labels.
EMA Trend Detection – Fast & slow EMA crossovers for trend direction.
RSI + MACD Confirmation – Confirms entries with momentum & strength checks.
Reversal Alerts – Detects sharp drops or spikes for rebound/reversal plays.
Sustained Signal Mode – Highlights stronger continuation trends, not just short-term flips.
ADX Strength Filter (optional) – Filters out weak/noisy signals during sideways markets.
ATR Dynamic Positioning – Arrows adapt to volatility so they’re always visible.
Custom Alerts – Works with TradingView alerts for buy, sell, and reversal signals.
🔹 Why Use It?
This bot is designed to help traders:
✅ Spot early reversals and potential bounce opportunities
✅ Confirm strong momentum moves with multi-indicator checks
✅ Avoid false signals in choppy markets
✅ Trade with confidence using visual clarity
Pajinko DivergencePJK DIVERGENCE is a custom indicator designed to detect market divergence with high precision by combining multiple key market metrics.
It analyzes the relationship between Price Action and key momentum/trend indicators such as RSI, MACD, ADX, and Volume to highlight potential reversal or trend continuation opportunities.
This multi-layer approach allows traders to:
Spot bullish divergence (when price makes lower lows but momentum makes higher lows).
Spot bearish divergence (when price makes higher highs but momentum makes lower highs).
Filter out weak signals by confirming with trend strength (ADX) and volume activity.
How It Works
The script continuously compares price swings with momentum oscillators to identify divergence.
Bullish signals appear when momentum shows strength despite falling prices.
Bearish signals appear when momentum weakens despite rising prices.
ADX is used to confirm trend conditions, and Volume is analyzed to validate market participation.
How to Use
Apply PJK DIVERGENCE to your chart.
Look for bullish or bearish divergence markers and confirm with trend/volume conditions.
Use divergence signals as an early warning for possible trend reversals or as confirmation for existing trade setups.
For best results, combine with the Semi-Auto EA “Cyborg” to manage entries, exits, and risk.
Example Use Cases
Swing Trading: Spot reversal zones before major price movements.
Trend Following: Use divergence to identify potential pullbacks within a trend.
Breakout Trading: Confirm breakout strength by checking for the absence of bearish divergence.
EMA Triad Vanguard Pro [By TraderMan]📌 EMA Triad Vanguard Pro — Advanced Trend & Position Management System
📖 Introduction
EMA Triad Vanguard Pro is an advanced indicator that utilizes three different EMAs (Exponential Moving Averages) to analyze the direction, strength, and reliability of market trends.
It goes beyond a single timeframe, performing trend analysis across 8 different timeframes simultaneously and automatically tracking TP/SL management.
This makes it a powerful reference tool for both short-term traders and medium-to-long-term swing traders.
⚙ How It Works
EMAs:
EMA 21 → Responds quickly to short-term price changes.
EMA 50 → Shows medium-term price direction.
EMA 200 → Determines the long-term market trend.
Trend Direction Logic:
📈 Long Signal: EMA 21 crosses above EMA 200 and EMA 21 > EMA 50.
📉 Short Signal: EMA 21 crosses below EMA 200 and EMA 21 < EMA 50.
Trend Strength Calculation:
Calculates the percentage distance between EMAs.
Strength levels: Very Weak → Weak → Strong → Very Strong.
Multi-Timeframe Analysis:
Analyzes trend direction for: 5min, 15min, 30min, 1H, 4H, Daily, Weekly, and Monthly charts.
Generates an overall market bias from combined results.
Automatic Position Management:
When a position is opened, TP1, TP2, TP3, and SL levels are calculated automatically.
As price reaches these levels, chart labels appear (TP1★, TP2★, TP3★, SL!).
📊 How to Use
1️⃣ Long (Buy) Setup
EMA 21 must cross above EMA 200 ✅
EMA 21 must be above EMA 50 ✅
Overall market bias should be “Bullish” ✅
Entry Price: closing price of the signal candle.
TP levels: calculated based on upward % targets.
SL: a set % below the entry price.
2️⃣ Short (Sell) Setup
EMA 21 must cross below EMA 200 ✅
EMA 21 must be below EMA 50 ✅
Overall market bias should be “Bearish” ✅
Entry Price: closing price of the signal candle.
TP levels: calculated based on downward % targets.
SL: a set % above the entry price.
💡 Pro Tips
Multi-timeframe alignment significantly increases the signal reliability.
If trend strength is “Very Strong”, chances of hitting TP targets are higher.
Weak trends may cause false signals → confirm with extra indicators (RSI, MACD, Volume).
TP levels are ideal for partial take-profits → lock in gains and reduce risk.
📌 Advantages
✅ Displays both trend direction and trend strength at a glance.
✅ Multi-timeframe approach avoids tunnel vision from a single chart.
✅ Automatic TP/SL calculation eliminates manual measuring.
✅ Labeled signal alerts make tracking positions easy and visual.
⚠ Important Notes
No indicator is 100% accurate — sudden news events or manipulations may cause false signals.
Use it together with other technical and fundamental analysis methods.
Signal reliability may decrease in low liquidity markets.
🎯 In summary:
EMA Triad Vanguard Pro combines trend tracking, position management, and multi-timeframe analysis in a single package, helping professional traders reduce workload and make more strategic trades.
OctaScalp Precision Pro [By TraderMan]What is OctaScalp Precision Pro ? 🚀
OctaScalp Precision is a powerful scalping indicator designed for fast, short-term trades. It combines eight technical indicators to generate 💪 high-accuracy buy 📗 and sell 📕 signals. Optimized for scalpers, this tool targets small price movements in low timeframes (1M, 5M). With visual lines 📈, labels 🎯, and Telegram alerts 📬, it simplifies quick decision-making, enhances risk management, and tracks trade performance.
What Does It Do? 🎯
Fast Signals: Produces reliable buy/sell signals using a consensus of eight indicators.
Risk Management: Offers automated Take Profit (TP) 🟢 and Stop Loss (SL) 🔴 levels with a 2:1 reward/risk ratio.
Trend Confirmation: Validates short-term trends with a 30-period EMA zone.
Performance Tracking: Records trade success rates (%) and the last 5 trades 📊.
User-Friendly: Displays market strength, signal type, and trade details in a top-right table.
Alerts: Sends Telegram-compatible notifications for new positions and trade results 📲.
How Does It Work? 🛠️
OctaScalp Precision integrates eight technical indicators (RSI, MACD, Stochastic, Momentum, 200-period EMA, Supertrend, CCI, OBV) for robust analysis. Each indicator contributes 0 or 1 point to a bullish 📈 or bearish 📉 score (max 8 points). Signals are generated as follows:
Buy Signal 📗: Bullish score ≥6 and higher than bearish score.
Sell Signal 📕: Bearish score ≥6 and higher than bullish score.
EMA Zone 📏: A zone (default 0.1%) around a 30-period EMA confirms trends. Price staying above or below the zone for 4 bars validates the direction:
Up Direction: Price above zone, color green 🟢.
Down Direction: Price below zone, color red 🔴.
Neutral: Price within zone, color gray ⚪.
Entry/Exit: Entries are triggered on new signals, with TP (2% profit) and SL (1% risk) auto-calculated.
Table & Alerts: Displays market strength (% bull/bear), signal type, entry/TP/SL, and success rate in a table. Telegram alerts provide instant notifications.
How to Use It? 📚
Setup 🖥️:
Add the indicator to TradingView and use default settings or customize (EMA length, zone width, etc.).
Best for low timeframes (1M, 5M).
Signal Monitoring 🔍:
Check the table: Bull Strength 📗 and Bear Strength 📕 percentages indicate signal reliability.
Confirm Buy (📗 BUY) or Sell (📕 SELL) signals when trendSignal is 1 or -1.
Entering a Position 🎯:
Buy: trendSignal = 1, bullish score ≥6, and higher than bearish score, enter at the entry price.
Sell: trendSignal = -1, bearish score ≥6, and higher than bullish score, enter at the entry price.
TP and SL: Follow the green (TP) 🟢 and red (SL) 🔴 lines on the chart.
Exiting 🏁:
If price hits TP, trade is marked ✅ successful; if SL, marked ❌ failed.
Results are shown in the “Last 5 Trades” 📜 section of the table.
Setting Alerts 📬:
Enable alerts in TradingView. Receive Telegram notifications for new positions and trade outcomes.
Position Entry Strategy 💡
Entry Conditions:
For Buy: Bullish score ≥6, trendSignal = 1, price above EMA zone 🟢.
For Sell: Bearish score ≥6, trendSignal = -1, price below EMA zone 🔴.
Check bull/bear strength in the table (70%+ is ideal for strong signals).
Additional Confirmation:
Use on high-volume assets (e.g., BTC/USD, EUR/USD).
Validate signals with support/resistance levels.
Be cautious in ranging markets; false signals may increase.
Risk Management:
Stick to the 2:1 reward/risk ratio (TP 2%, SL 1%).
Limit position size to 1-2% of your account.
Tips and Recommendations 🌟
Best Markets: Ideal for volatile markets (crypto, forex) and low timeframes (1M, 5M).
Settings: Adjust EMA length (default 30) or zone width (0.1%) based on the market.
Backtesting: Test on historical data to evaluate success rate 📊.
Discipline: Follow signals strictly and avoid emotional decisions.
OctaScalp Precision makes scalping fast, precise, and reliable! 🚀
Dynamic Fib Zones [By TraderMan]📊 Dynamic Fib Zones — Indicator Overview
This indicator automatically plots dynamic Fibonacci levels and zones on your chart based on recent price action, volume, and trend direction. It helps you identify key support and resistance areas where price may react strongly.
🔍 What Does It Do?
Draws Fibonacci retracement levels dynamically over a specified lookback period.
Highlights zones around these Fibonacci levels to give you a price “buffer area” instead of just a line.
Colors the zones green or red based on volume strength and trend direction to signal potential buying or selling pressure.
Uses EMA (Exponential Moving Average) to detect if the trend is up or down.
Shows labels with Fibonacci % levels and exact price for quick reference.
⚙️ How to Use It?
Set your inputs:
Fibonacci Period: How many bars back the Fibonacci levels are calculated.
EMA Period: For trend detection.
Volume Multiplier: How much volume should exceed average to consider the signal strong.
Level Tolerance and Zone Width: Adjust the sensitivity and size of the price zones.
Interpret zones:
Green zones with high volume and price near Fibonacci level in an uptrend = potential buying area.
Red zones with high volume and price near Fibonacci level in a downtrend = potential selling area.
Gray zones = neutral, no strong signal.
Make your trading decisions:
Consider entering long positions near green zones with confirmation from other indicators or price action.
Consider entering short positions near red zones similarly.
Use zone boundaries as dynamic support/resistance for stop loss or take profit placement.
🚀 Tips for Position Opening
Combine with other confirmation tools (candlestick patterns, RSI, MACD, etc.) to avoid false signals.
Watch volume spikes carefully; strong volume near a Fibonacci zone increases the reliability.
Use the EMA trend filter to avoid trading against the main trend.
🎯 Summary
Dynamic Fib Zones give you a powerful, visual edge by combining Fibonacci, volume, and trend signals — making your entries and exits smarter and more precise!
Happy Trading! 📈✨
